Slättö breaks ground on 40,800 sqm automated logistics facility for tenant Stadium in Norrköping, Sweden
Slättö, through its logistics and industrial platform Evolv, has commenced construction of a 40,800 square meter modern and automation-ready logistics facility in Norrköping, pre-let on a 17-year lease to Stadium, one of the Nordics’ leading sports retailers.
The project combines long-term income with substantial tenant investment in automation, a prime logistics location, and a building design that supports efficiency and flexibility. The asset is expected to be completed in Q3 2027.
The facility will serve as Stadium’s new distribution centre for its Swedish and Finnish retail store network and will be developed adjacent to Stadium’s existing warehouse. Under the lease agreement, Stadium will invest approximately SEK 300 million in a high-technology Exotec warehouse automation system. The building design allows flexible use across a wide range of logistics operations, with potential for future expansion at the site.
The project will be delivered under a fixed-price turnkey contract with YLAB, the Swedish construction company. YLAB has an established track record in logistics development and prior collaboration with Slättö, reducing execution risk during the construction phase.
The property is located in Herstadberg Logistics Park in Norrköping, one of Sweden’s key logistics markets, strategically positioned next to the E4 motorway and proximity to the Port of Norrköping.
“This project combines all the attributes Slättö likes in logistics: a long lease to a leading business, a prime location, advanced technology, and substantial tenant investment. It is a strong addition to Slättö’s portfolio and we are very pleased to deliver the project in partnership with Stadium and YLAB,” says Lars Axelsson, Partner and Head of Logistics and Light Industrial at Slättö.
The project targets BREEAM Excellent certification and an EPC A rating. The building will incorporate a 499 kW rooftop solar installation, expected to generate approximately 430,000 kWh annually, alongside geothermal heating solutions to reduce operational energy costs.
In addition to operational efficiency, the construction design addresses embodied carbon through the use of a steel frame with a high share of recycled steel and foundations and edge beams with climate-improved concrete, corresponding to green concrete level three, on a scale of one to four. Biodiversity measures, including initiatives to support protected salamander habitats, are integrated into the site development.
About Slättö
Slättö is a private equity real estate investor with a Nordic focus. We seek to deliver consistent market-leading returns for our investors through thematic strategies and local expertise. Since inception in 2013, the firm has executed transactions with a total value of EUR 5 bn. With a forward-looking approach, we prioritise sustainability as key to the long-term success of our investments. www.slatto.se.
About Evolv
Evolv is focused on development and active ownership of logistics and industrial assets. Evolv is part of Slättö and has a real estate portfolio of about 100 commercial assets based in the Greater Stockholm region, Western and Southern Sweden, Finland and Denmark.
For further information, please contact:
Lars Axelsson, Partner and Head of Logistics and Light Industrial
Tel: +46 70 205 91 32
E-mail: lars.axelsson@evolvproperty.se
Annachiara Torciano, Head of ESG and Communications
Tel: +46 76 696 25 88
E-mail: annachiara.torciano@slatto.se
